Sahm Adrangi Issues Caution To Those Looking Into Kodak

Sahm Adrangi is one of the most renowned investors in the world today and currently leads at Kerrisdale Capital, which is a private investment firm that invests in all sorts of different projects and industries. For more than a decade now, Sahm Adrangi has been leading the investment field with his excellent insight. As of late, Sahm and Kerrisdale Capital have been focusing extra on the blockchain technologies that are coming out and their overall influence on the markets of the world.

In recent news, Kerrisdale released reports and gave comments on various companies that have experienced huge growth through this new technology. One of the recent company’s under Kerrisdale’s fire is Eastman Kodak, known for this photography products and accessories. In the past, Kodak was a giant in the industry, and as of recently, their stock prices rose roughly 190 percent after using this technology in their own digital currency.

While many investors initially wanted to buy into these Kodak Stocks, Sahm Adrangi has issued a caution to all investors to be cautious before dealing with Kodak. Kodak’s stocks could simply be highly overvalued currently, which would be a big mistake for investors thinking its an opportunity. Sahm believes this to be true because Kodak’s other subsidiaries are also overvalued and are hardly as functional as Eastman Kodak. While there may be some actual value, the company is not using their blockchain technologies in a way that is going to provide returns that are helpful in the end.

Another problem that Sahm Adrangi sees with Kodak is that the developer of the technology they are using has a highly mixed background. This means they could end up with a product that doesn’t perform so well against the competitors. While there is no hard evidence that the company has done anything illegal, the board members have made some very concerning moved according to Kerrisdale, such as gaining access to restricted stock just a day before the company’s cryptocurrency announcement.

https://www.hvst.com/user/sahm-adrangi

http://nymag.com/news/business/boom-brands/sam-adrangi-kerrisdale-capital-2013-10/

How Counterparty Currency is Expanding the Functionality of Bitcoin Cash by Jordan Lindsey

The Bitcoin Cash (BCH) fork just received a major digital asset support boost from the Counterparty Cash protocol.

 

Following a series of releases that began in February of this year, Counterparty Cash (XCPC) began to roll out a wave of crypto community empowering functionalities to the Bitcoin Cash community.

 

Counterparty Cash adds infrastructure enhancements on top of the Bitcoin Cash blockchain that provides crypto exchangers on that digital ledger the ability to issue non-financial tokens, perform asset underwriting services tied to the BCH blockchain and create proprietary financial instruments.

 

Implementing the protocol on BCH, as opposed to on its parent Bitcoin (BTC), will mean that users of these Counterparty Cash services will be charged the lower transaction fees of the BCH network and experience faster transaction times. XCPC sits on top of an existing network, BCH in this case, which it uses as its transport layer. The Counterparty Cash XCPC tokens will be the currency used to fund the creation and execution of smart contracts on the BCH blockchain.

 

Crypto community reception of the Counterparty functionality has been overwhelming with the 1-day trading volume being reported at $2.05 million USD earlier this week. Defined as a proof of work stake coin, Counterparty differentiates itself from other cryptocurrencies, defining itself as a payment/peer to peer transaction-based offering.

 

The XCPC functionality really goes beyond the notion of basic peer to peer functionality, instead allowing users to engage in much more complex financial transactions over the Bitcoin Cash blockchain by allowing them to tokenize assets that can be tied to secure smart contracts and recorded on the blockchain ledger.

 

Not available for direct purchase using USD, XCPC can be exchanged for supported cryptocurrency coins including BCH, BTC and ETH. Counterparty Cash users will not only experience lower fees and significantly faster transactions than are available on BTC, use of the platform will enable virtual distributed exchanges to be constructed, supporting exchange of tokens without involving an intermediary. (See more about Jordan Lindsey on Crunchbase: Jordan Lindsey))

 

Jordan Lindsey

 

Jordan Lindsey is the founder of JCL Capital. The former New York native settled in San Francisco where he currently lives with his wife and their daughters.

 

Lindsey is the creator of the Nucleus token on the Waves platform.

 

He is a self-taught computer programmer, and Lindsey created his own platform the Bitcoin Growth Bot to expand investment support options in the cryptocurrency industry.

 

Jordan Lindsey attended Mount Angel Seminary and Saint Joseph’s College. View More Information Here.

 

Watch Lindsey on: https://www.youtube.com/channel/UCm7_9AtRSSq5uNdhhnXAKAA